THE INVESTMENT APPROACH OF CALVIN TAN
A LOOK AT NETX LATEST QUARTER RESULTS CONFIRMED THAT NETX IS PART OF THE NFCP FIBERISATION PROGRAM, Calvin Tan Research
calvintaneng
Publish date: Fri, 29 May 2020, 01:02 AM
calvintaneng
0 1,810
Hi Guys,
I have An Investment Approach I which I would like to all.
I have An Investment Approach I which I would like to all.
Hi guys
It's a wonder surprise indeed
NETX latest result confirmed that it is part of the NFCP Fiberisation Thrust
See (refer to latest Qtr announcement from Bursa)
For the current quarter ended 29 February 2020, the Group recorded revenue of RM3.66 million. The
revenue mainly derived from project sales of network equipment and infrastructure in Non-Payment
Services Segment and rental of EFTPOS terminal to merchants.
Read again
The
revenue mainly derived from project sales of network equipment
YES! NETX IS STILL DOING NETWORK EQUIPMENT SALES LIKE IT DID WHEN NETX SECURED RM19.7 MILLIONS JOB AWARD FROM TELEKOM FOR YEAR 2011
THIS MEANS THAT THERE WILL BE BIGGER JOB AWARDS ON THE WAY FOR NETX
BEST REGARDS
Calvn Tan Research
Singapore
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1 person likes this. Showing 2 of 2 comments
Posted by cumcumshot > May 29, 2020 7:13 AM | Report Abuse
I think this Calvin Tan must study his so called "analysis".
Paid up NetX is 4.5b shares. What is "revenue" 3.66mil? This is not even the net profit. Then another question, even if 3.66mil profit, whatis the big deal for a company with 4.5b capital?
This is a laughing analysis.
I am OK if Calvin Tan says let's goreng to 10c. Just stop giving any reason.
If you read very very very carefully you will notice that the FOCUS of my post is not revenue nor profit. That will come later when NFCP RM21.6 BILLIONS JOB AWARDS ARE ALLOCATED
THE FOCUS OF THIS POST IS
"NETX IS STILL IN THE BUSINESS OF SELLING NETWORK EQUIPMENT FOR INTERNET BANDWIDTH OPTIMIZATION"
THEREFORE A DOOR IS OPENED FOR NETX TO PARTICIPATE IN THE NFCP FIBERISATION OF MALAYSIA. A RM21.6 BILLIONS GOVT INITIATED ENTERPRIZE
2020-05-29 07:19
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cumcumshot
I think this Calvin Tan must study his so called "analysis".
Paid up NetX is 4.5b shares. What is "revenue" 3.66mil? This is not even the net profit. Then another question, even if 3.66mil profit, whatis the big deal for a company with 4.5b capital?
This is a laughing analysis.
I am OK if Calvin Tan says let's goreng to 10c. Just stop giving any reason.
2020-05-29 07:13